Most Paypal users know that one Paypal Premium account is already enough, allows you to add multiple email addresses if you would like to do buying and selling jobs on eBay.
The answer is Yes.
Last time, few years back, I ever called the Paypal office (PayPal Customer Service) located at Singapore regarding this matter.
You can find your local Paypal contact number of your location in your Paypal account somewhere at the Contact Us link at the bottom of your Paypal account if you still want to make confirmation about this.
The main reason why people want to have two Paypal account is because in personal account, there is less fees charged by Paypal. However, you cannot have same information like same bank account or same credit card number on both of your Paypal accounts.
This information maybe changeable if Paypal change their TOS in the future.